Is Hollins Market, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Hollins Market was a Seller's Market.
Key Takeaway
Hollins Market is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hollins Market, MD
How much do homes in Hollins Market, MD cost?
Median Sold Price
$160,000
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Hollins Market have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Hollins Market was $160,000 in April 2024, up 3.9% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $68K | - | N/A |
| 2 Bedrooms | $190.5K | $109.7K | -42.4% |
| 3 Bedrooms | $145K | $160K | +10.3% |
| 4 Bedrooms | $256K | $239K | -6.6% |
| 5+ Bedrooms | - | $350K | N/A |
Summary: Hollins Market housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 42.4%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Central | $268.4K | $280.2K | +4.4% |
| Hollins Market | $154K | $160K | +3.9% |
Housing Supply in Hollins Market, MD
How many homes are available in Hollins Market, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Summary: The Hollins Market real estate market had 18 homes for sale in April 2024, a 5.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Hollins Market housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hollins Market, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Hollins Market in April 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Hollins Market, MD
How long does it take to sell a home in Hollins Market, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 47 Days | 8 Days | -83.1% |
Summary: Homes in Hollins Market had an average of 8 days on market in Apr 2024, down by 83.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hollins Market are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Hollins Market; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
